Vehicle imports decline by 80% in 6 months

Vehicle imports decline by 80% in 6 months

The prevalent unfavourable forex regime has continued to reduced the volume of vehicles imported through the Nigerian ports, the Operations Manager, Ports and Terminal Multiservices Ltd. (PTML), Mr Jack Angrish has said. Angrish said that the unstable and high cost of the US dollar over the local currency did not encourage vehicle trade as many […]

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Source: Vehicle imports decline by 80% in 6 months

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post culled from nigerianpilot.com

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